Arizona weekly citizen., 1887-12-24
cnrne, and Lead Markets.

Copper and Lead Markets.
 CoPPEa.-We have again 10 repor. q farther advance in prices, although they have not gone up so rnpidiy during the
 pgst week, as for some weeks previously, vet the gain ID Chili bars has amounted 10 @ Ter ton ID London, with very
 firm tendency throughout, The vafls- tons have been Rs follows:
 On Saturday, the Sd inst, E69 5s.; on
 Nior day, the 5.h inst, G6S lOs. c. 69; on Tuesday. the 9th inst, inst, S69 to e1O b.: on "Wednesday, the 7ih inst, 91O .o
 .c1O lOs.; on Thursday, tne Sth i1st, EIO
 ICs, Go E70 15s,; on Friday, the 9th inst,
 the market OpoTed very stfODg at 9Il
 lbs, bat afterwards rsceded to EIl os., and closed si e7l 2s. Ga. sharp cash.
 Fine copper hes been ID very good de- msnd m Europe, and very full prices are reported to have been paid. Our
 mErket here has again been vs-y active, and the tOsnl transactions smo ant to
 between two CT three million pounds ot lake copper, forward copper being eager
 ly purchased up to May next. The clos ing quotations Hrs: Spot, Sl6.6O; De- osmbsr, Sl6,65; January, Sl6.I5; Feb ruary, Sl6.SU; March, SlbSS, Aprll, Sl69O: Msy, Sl3Sja sl5.90.
 No sales by first hands are reporsed, Outside brands lave been ID very SoOd demand, and the somewhat unwarrarted
 difference ID price which hEs h'thefto existed has been psETisl'y modified. B. c. ". copper IS now held for l5l 1, and other brands of about equal value in proportIOn.
 With reference to the fire in the Cslu- met X Hecia COmpsny's mlne, various | fumoTs have been calculated during the
 week, and IL was even said that II was ID | c0atemp plstion to food the E-Ines. Ihls | statement is entirely eroneOus and IS | contr6dicted by the company, who stsGe | that everything is proceeding satsfac- ! .ari'y, and that tslskrsms from tne | mines to-day stste that the temperature
 ls no higher and tLEt no smoke IS com iug up, They confidently expect that the fire will be eXtinguished before the | end of this month.
 Private 6dyicss do not take quite Gs | nopeful a ylsv, end state tha: the fire is | apparently much more serious than tbe | ffst, and 1t IS feared 1t has extend. ed to the msn-engIne shaft, and that II has done such serious injury to the No.
 l and No, 2 shafts ss will require months Co repair, # indeed they will be capable
 of being repaired. Ihis is probably too l "b,ue' @ view sD take.
 The Calumet & Becls is now prodnc- | ing about 2OUUOOJ pounds month from | ihs Black Hills ni1e.
 ! The company is m no position to stem | .He food dde in the market, and Gs thu | mauipul8tors, usually called the French | D. "a ! as much a well known dealer n lead,
 have complete control of the foreign market and have demonstrated :heir etrengir, She impression has gained ground that high prices will rule much longer than was supposed few weeks 1 ego. ElgTe i- very E.tl5 unsOld copper ID first hands in this country to-day, l ard manufacturers arc not largely sup ! piled, though their usual practice of a. | lowing stocks e run down at the close of the year IS pushed further by s strong 1 dislike Co buying a5 present prices. They
 will work up all the odds and ends they nave aDd will get siong at least until after the holidays with hsh. purchases. The rumOr that Bii the Lake producers | except Calumet & HeolH, have been of
 tered lji cents for .beir next years
 output i5 without four dRiior.
 LEAD.-Ghe week opened with @ fairly | steady market and early Cn from
 twelve to fifteen hundred tons were sold,
 partly tO specuiatOrs and partly Co con
 sGmers, et slightly lower prices than at
 last reported. but under a continued
 pEessure Of sales by both produosts and l speCulLtors VIC close rather fiat, and | quotations are somewhat nominal at l Spot SigjIS5. January, $A9ja g; ! February, Sjg S5.05. The fear thaI some
 reduction in tine import duty may soon be made, of course hes its influence | iu keeping Consuue-s from purchasing | far ahead. In London tne market was reported weak last Wednesday, and the price of Spanish lead. which rose on Sat
 urdsy lsst to ZIG 5s., relRpsed tO fi5 5s., | and this mornings private cables report
 the price ta bs El4 los, nominal. Evi- ! deutly speculation in thi3 article has l been O7ardoDe.
 Messrs, Everett & Post, oi Chicago, tele- graph teddy as follovs.
 Our market has shown remarkable activity since our last RdvIces. Sales | for the week sum up over 9O0 tons at | from f4sO tC g. sold to consumers 6nd ! speculatoEs. The market is excited, | rislnS on account of large purchases by l speculg.ors, ard it is difficult 10 give exact quotations. RefiDeTs refuse to name prices for future delivery owing .o
 the uncertainty of bullion supplies st
 current prices. Gossip says that sir cents
 or ElS IS the speculative limit ID New Ycrk.
 Messrs. John Wshl < O., of St Louis
 telegraph today Bs follows: The mar
 ket is little easier, but buyers refuse so
 pay tbe price asked snd sellers refuse to
 take lees, so DO busIness Of any msgri-
 tude is done. Prices have receded to
 40 c. for common, 4'S7l 5c. for refined,
 st the close.-Engineering and Mining
 Journal.